Thrivent Financial for Lutherans Buys 44,066 Shares of Cousins Properties Incorporated $CUZ

Thrivent Financial for Lutherans raised its position in shares of Cousins Properties Incorporated (NYSE:CUZFree Report) by 30.2% in the third quarter, HoldingsChannel reports. The fund owned 189,850 shares of the real estate investment trust’s stock after acquiring an additional 44,066 shares during the period. Thrivent Financial for Lutherans’ holdings in Cousins Properties were worth $5,494,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. SJS Investment Consulting Inc. acquired a new stake in Cousins Properties during the 3rd quarter worth approximately $48,000. EverSource Wealth Advisors LLC increased its position in Cousins Properties by 55.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,100 shares of the real estate investment trust’s stock worth $63,000 after buying an additional 753 shares during the period. Hantz Financial Services Inc. lifted its holdings in shares of Cousins Properties by 2,095.3% during the second quarter. Hantz Financial Services Inc. now owns 2,349 shares of the real estate investment trust’s stock worth $71,000 after buying an additional 2,242 shares in the last quarter. CWM LLC boosted its position in shares of Cousins Properties by 29.0% in the third quarter. CWM LLC now owns 3,129 shares of the real estate investment trust’s stock valued at $91,000 after acquiring an additional 703 shares during the period. Finally, Bayforest Capital Ltd acquired a new position in shares of Cousins Properties in the second quarter valued at about $171,000. Institutional investors own 94.38% of the company’s stock.

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Analyst Upgrades and Downgrades

Several brokerages have weighed in on CUZ. Weiss Ratings reiterated a “hold (c)” rating on shares of Cousins Properties in a research note on Wednesday, January 21st. Jefferies Financial Group cut shares of Cousins Properties from a “buy” rating to a “hold” rating and lowered their target price for the stock from $34.00 to $27.00 in a report on Monday, October 13th. Wall Street Zen cut Cousins Properties from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. Cantor Fitzgerald set a $28.00 price target on Cousins Properties in a research report on Monday, December 1st. Finally, JPMorgan Chase & Co. dropped their price objective on Cousins Properties from $37.00 to $33.00 and set an “overweight” rating for the company in a report on Tuesday, November 25th. Seven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $30.50.

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Cousins Properties Stock Down 1.0%

Shares of CUZ opened at $25.67 on Friday. The firm has a 50 day simple moving average of $25.69 and a two-hundred day simple moving average of $26.79. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.91 and a quick ratio of 0.91. Cousins Properties Incorporated has a one year low of $24.07 and a one year high of $31.36. The company has a market cap of $4.31 billion, a P/E ratio of 106.96, a P/E/G ratio of 1.99 and a beta of 1.21.

Cousins Properties (NYSE:CUZGet Free Report) last issued its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $0.71 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.71. Cousins Properties had a return on equity of 0.84% and a net margin of 4.08%.The company had revenue of $255.03 million for the quarter, compared to analyst estimates of $252.18 million. During the same quarter last year, the company posted $0.69 EPS. The company’s revenue for the quarter was up 13.2% compared to the same quarter last year. Cousins Properties has set its FY 2026 guidance at 2.870-2.970 EPS. Research analysts forecast that Cousins Properties Incorporated will post 2.76 EPS for the current fiscal year.

Cousins Properties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Monday, January 5th were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Monday, January 5th. This represents a $1.28 annualized dividend and a yield of 5.0%. Cousins Properties’s payout ratio is presently 365.71%.

Cousins Properties Company Profile

(Free Report)

Cousins Properties Incorporated (NYSE: CUZ) is a publicly traded real estate investment trust (REIT) specializing in the development, acquisition and management of high-quality office and mixed-use properties. Headquartered in Atlanta, the company focuses on urban infill and suburban markets across the Sun Belt, with a strong presence in metropolitan areas such as Atlanta, Austin, Charlotte, Nashville, Orlando and Tampa. Its core activities encompass full-service property leasing, asset management and construction oversight, serving a diverse mix of corporate and institutional tenants.

Founded in 1958 as a privately held real estate concern, Cousins Properties completed its initial public offering in 1992.

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Institutional Ownership by Quarter for Cousins Properties (NYSE:CUZ)

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